Four-Unit Multifamily
For Sale
$274,000
403 W Columbia Avenue, Champaign, IL 61820
MULTI_FAMILY - Champaign, IL
Property SizeContact for details
Lot Size0.20 Acres
Days on Market94
Property Features for 403 W Columbia Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1
Parking
1
Parking features
Driveway, Owned
Basement
Full, Unfinished
Elementary school
Champaign Elementary School
Middle school
Champaign Junior High School
High school
Champaign High School
Elementary school district
4
Middle school district
4
High school district
4
Directions
Lot 2 Block 4 Hulings Add of Town Lots
Subdivision
Champaign, Savoy
Standard status
Active
APN
422012186006
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 2 BLOCK 4 HULINGS ADD OF TOWN LOTS
Tax Annual Amount
2244
Legal Description
LOT 2 BLOCK 4 HULINGS ADD OF TOWN LOTS
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1898
Building materials
Aluminum Siding
Listing Agency:
KELLER WILLIAMS-TREC · Keller Williams Realty
(217) 356-6100
Listed By:
Lisa Rector · License #475146101
(217) 356-6100
Added: May 10
Changed: Aug 3
Last Checked: Aug 11 at 4:06PM
MLS# 12633761
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit multifamily building features four 1-bedroom, 1-bath units. The units are numbered 1, 3, 4, and 5, and the property includes a basement and multiple bedrooms and bathrooms across the units. Construction materials include aluminum siding, and heating is provided via baseboard heat.
The property sits on a 0.2-acre lot with public water and public sewer service. Parking is available with a driveway and owned parking.
Management and lease details include agreed-upon rent increases on 3 of the 4 leases.
The property sits on a 0.2-acre lot with public water and public sewer service. Parking is available with a driveway and owned parking.
Management and lease details include agreed-upon rent increases on 3 of the 4 leases.
Key Highlights
- Four 1‑bedroom, 1‑bath units numbered 1, 3, 4 and 5
- 0.2‑acre lot with public water and public sewer
- Year built 1898 with aluminum siding
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,560
Businesses Nearby
Explore this area
Business Placement
Demographics for 61820, IL
40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom, one-bath units in a late-1800s building with public water and sewer plus driveway parking.
Where is this quadplex located?
The property is located at 403 W Columbia Avenue Champaign, IL.
What is the asking price?
The asking price for this property is $274,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bath units numbered 1, 3, 4 and 5; 0.2‑acre lot with public water and public sewer; Year built 1898 with aluminum siding
